Lukashenko discusses planned changes in Belarusian banking system

The planned amendments to the laws on banking activity became the topic of a government meeting hosted by Belarusian President Aleksandr Lukashenko on 7 February, BelTA has learned.

“The topic of today's meeting is the further improvement of the banking legislation,” the head of state said as he opened the meeting. “As usual, the first question is what for and who needs it today?”

The president stressed that the country cannot follow the way of recommendations, given, figuratively speaking, in the last century. For example, a recommendation that banks should be a state within a state, totally independent.
 
“There is nothing independent in the world. Everybody depends on each other – institutions, organizations and so on. Our banking system has enough freedom not to lag behind and work together with the government on the economy,” said the Belarusian leader.